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Technicals for Mastek Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
Mastek Limited had a impressive day at the stock market, and its shares surged 4.45%. On 2025-06-13, MASTEK's stock began at 2350.0, peaked at 2467.0, dipped to 2344.6, and closed up 4.45% at 2454.6, with a volume of 125589 shares. The stock reached its highest price of 3270.85 and its lowest price of 1958.45 during the 52-week period. According to 6 analysts, the price of MASTEK in the future is projected to be between 2497.0 and 3320.0, with an average expected price of 2918.5.
Technicals
Support and Resistance: The price of 2454.6 is supported at 2339.75 and encounters resistance at 2455.55. This suggests key levels where the price might find stability, with 2339.75 providing a base and 2455.55 acting as an upper boundary for MASTEK. Support/Resistance for MASTEK
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Mastek Limited
Bol. Bands: In the latest price action for MASTEK, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure has intensified, driving the price beyond its typical range. Traders often view this as a positive signal, suggesting that the market might continue to rise as momentum builds. Bolinger Bands chart for Mastek Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a potential trend reversal for MASTEK. This shift could indicate a strong bearish trend if supported by other market indicators. Traders should be vigilant and wait for further signs of a downturn before making decisions. Parabolic Stop and Reverse chart for Mastek Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Mastek Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for MASTEK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Mastek Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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